Investor
Relations
Recordati has been at the forefront of life-enhancing and life-changing medicines for the last 100 years, and has been listed on Italian stock exchange since 1984.
Underpinned by a history of strong financial delivery, we will continue to grow from within, capture opportunities within our own pipeline, and identify opportunities to bring in new treatments through acquisitions across all our businesses.
Investor
Relations
Recordati has been at the forefront of life-enhancing and life-changing medicines for the last 100 years, and has been listed on Italian stock exchange since 1984.
Underpinned by a history of strong financial delivery, we will continue to grow from within, capture opportunities within our own pipeline, and identify opportunities to bring in new treatments through acquisitions across all our businesses.
Upcoming Events
No upcoming events found.
Date:
January 9, 2025
ODDO BHF Forum
Location:
Lyon
Date:
January 13, 2025
-
January 16, 2025
JP Morgan Healthcare Conference
Location:
San Francisco
Revenue trend 2019 - 2023 (million Euro)
No Data Found
Revenue by business unit 2019 - 2023 (million Euro)
No Data Found
Total Revenue split by Therapeutica area - FY 2023
(SPC 63.1%, Rare Disease 34.3%)
No Data Found
Note: Total OTC of € 331.3 million in FY 2023 and € 300.7 million in FY 2022 Subsidiaries’ local product portfolios of € 238.4 million in FY 2023 and € 237.1 million in FY 2022
Pharmaceutical revenue (excluding Chemicals) split by Geographic - FY 2023
No Data Found
Key P&L Data
(million Euro)
|
FY 2023
|
|
FY 2022
|
|
FY 2021
|
|
FY 2020
|
|
FY 2019
|
---|---|---|---|---|---|---|---|---|---|
Revenue
|
2,082.3
|
|
1,853.3
|
|
1,580.1
|
|
1,448.9
|
|
1,481.8
|
Gross Profit
as % of revenue |
1,422.6
68.3 |
|
1,286.6
69.4 |
|
1,152.3
72.9 |
|
1,042.0
71.9 |
|
1,044.9
70.5 |
Adjusted Gross Profit (1)
as % of revenue |
1,481.6
71.1 |
|
1,336.4
72.1 |
|
1,152.3
72.9 |
|
1,042.0
71.9 |
|
1,044.9
70.5 |
Operating Income (EBIT)
as % of revenue |
558.0
26.8 |
|
437.3
23.6 |
|
490.2
31.0 |
|
469.0
32.4 |
|
465.3
31.4 |
Adjusted Operating Income (Adj. EBIT) (2)
as % of revenue |
626.6
30.1 |
|
536.1
28.9 |
|
504.6
31.9 |
|
469.0
32.4 |
|
465.3
31.4 |
Net Income
as % of revenue |
389.2
18.7 |
|
312.3
16.9 |
|
386.0
24.4 |
|
355.0
24.5 |
|
368.9
24.9 |
Adjusted Net Income (3)
as % of revenue |
524.6
25.2 |
|
473.3
25.5 |
|
424.6
26.9 |
|
410.4
28.3 |
|
382.4
25.8 |
EBITDA (4)
as % of revenue |
769.6
37.0 |
|
672.8
36.3 |
|
602.3
38.1 |
|
569.3
39.3 |
|
544.0
36.7 |
2) Net income before income taxes, financial income and expenses, non-recurring items, and non-cash charges arising from the allocation of the purchase price of EUSA Pharma to the gross margin of acquired inventory (IFRS 3)
3) Net income excluding amortization and write-downs of intangible assets (except software) and goodwill, non-recurring items, non-cash charges arising from the allocation of the purchase price of EUSA Pharma to the gross margin of acquired inventory (IFRS 3) and monetary net gains/losses from hyperinflation (IAS 29), net of tax effects
4) Net income before income taxes, financial income and expenses, depreciation, amortization and write-downs of property, plant and equipment, intangible assets and goodwill, non-recurring items and non-cash charges arising from the allocation of the purchase price of EUSA Pharma to the gross margin of acquired inventory (IFRS 3)
Balance Sheet at December 2023 (million Euro)
No Data Found
No Data Found
No Data Found
Net Debt - FY 2021 - 2023 (million Euro)
Net Debt / EBITDA1 - FY 2021 - 2023 (million Euro)
No Data Found
1) Net income before income taxes, financial income and expenses, depreciation, amortization and write-downs of property, plant and equipment, intangible assets and goodwill, non-recurring items and non-cash charges arising from the allocation of the purchase price of EUSA Pharma to the gross margin of acquired inventory (IFRS).
*EBITDA pro-forma considering the contribution of Avodart® and Combodart®/Duodart® for the last twelve months (as was stated in the press release / presentation)
Free Cash Flow1 - FY 2021 - 2023 (million Euro)
No Data Found
Shareholders' Equity Per Share (Euro)
No Data Found
Adjusted Net Income Per Share (Euro)
No Data Found
Dividend per share (Euro)
No Data Found
Net Income per share (Euro)
No Data Found